Transaction in Own Shares

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

21 November 2022

REDDE NORTHGATE PLC

(“Redde Northgate” or the “Group” or the “Company”)

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 21 November 2022 it purchased the following number of its own shares to be held in treasury:

Class of shares :  Ordinary shares of 50p (“shares”)
Number of shares purchased :  80,000
Weighted average purchase price paid :  361.8793 pence per share
Highest purchase price paid :  364.5 pence per share
Lowest purchase price paid :  357 pence per share

Following the above transaction, the Company’s issued share capital consists of 246,091,423 ordinary shares of 50p each, of which 15,306,710 ordinary shares are held in treasury, and 1,000,000 preference shares of 50p each which do not carry any rights to vote. Therefore the total number of voting rights in the Company is 230,784,713 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA’s Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018, the schedule below contains detailed information about the purchases made by Numis Securities Limited on behalf of the Company as part of the Company’s buyback programme.

Schedule of Purchases – Individual Transactions (all of 21 November 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
2027 357.50  08:26:52 00062255096TRLO0 LSE
1732 357.00  08:38:02 00062255484TRLO0 LSE
341 357.00  08:38:02 00062255483TRLO0 LSE
1174 359.50  09:20:52 00062256775TRLO0 LSE
1236 359.50  09:20:52 00062256776TRLO0 LSE
207 360.00  09:22:57 00062257081TRLO0 LSE
572 360.00  09:22:57 00062257080TRLO0 LSE
745 360.00  09:22:57 00062257079TRLO0 LSE
785 360.00  09:22:58 00062257082TRLO0 LSE
864 360.00  09:22:59 00062257083TRLO0 LSE
852 360.00  09:24:11 00062257154TRLO0 LSE
292 360.00  09:24:11 00062257153TRLO0 LSE
874 360.00  09:25:01 00062257206TRLO0 LSE
1568 360.00  09:25:01 00062257205TRLO0 LSE
167 361.00  09:29:56 00062257447TRLO0 LSE
540 361.00  09:29:56 00062257446TRLO0 LSE
804 361.00  09:29:57 00062257448TRLO0 LSE
877 361.00  09:29:58 00062257449TRLO0 LSE
892 361.00  09:29:59 00062257450TRLO0 LSE
877 361.00  09:30:00 00062257451TRLO0 LSE
864 361.00  09:30:01 00062257452TRLO0 LSE
454 361.00  09:37:08 00062257718TRLO0 LSE
150 361.00  09:37:08 00062257717TRLO0 LSE
117 361.00  09:52:28 00062258686TRLO0 LSE
71 361.00  09:52:28 00062258689TRLO0 LSE
167 361.00  09:52:28 00062258688TRLO0 LSE
166 361.00  09:52:28 00062258687TRLO0 LSE
290 361.00  09:56:08 00062258915TRLO0 LSE
182 361.00  09:56:08 00062258914TRLO0 LSE
292 361.00  09:56:08 00062258913TRLO0 LSE
322 361.50  10:12:11 00062259375TRLO0 LSE
64 361.50  10:12:11 00062259377TRLO0 LSE
83 361.50  10:12:11 00062259376TRLO0 LSE
22 361.50  10:12:11 00062259378TRLO0 LSE
90 361.50  10:12:11 00062259381TRLO0 LSE
62 361.50  10:12:11 00062259380TRLO0 LSE
74 361.50  10:12:11 00062259379TRLO0 LSE
272 361.50  10:16:05 00062259557TRLO0 LSE
537 361.50  10:16:05 00062259556TRLO0 LSE
37 361.50  10:16:05 00062259555TRLO0 LSE
483 361.50  10:16:05 00062259554TRLO0 LSE
459 361.50  10:16:05 00062259553TRLO0 LSE
792 361.50  10:16:05 00062259552TRLO0 LSE
2027 360.00  10:30:14 00062259978TRLO0 LSE
913 360.50  10:30:14 00062259979TRLO0 LSE
1485 360.00  11:36:22 00062261840TRLO0 LSE
79 360.00  11:36:22 00062261839TRLO0 LSE
696 360.00  11:36:22 00062261838TRLO0 LSE
2 361.00  12:31:24 00062263474TRLO0 LSE
279 361.00  12:31:24 00062263473TRLO0 LSE
40 361.00  12:31:24 00062263472TRLO0 LSE
40 361.00  12:31:25 00062263475TRLO0 LSE
179 361.00  12:31:25 00062263478TRLO0 LSE
275 361.00  12:31:25 00062263477TRLO0 LSE
292 361.00  12:31:25 00062263476TRLO0 LSE
892 361.00  12:31:25 00062263479TRLO0 LSE
277 361.00  12:31:25 00062263483TRLO0 LSE
118 361.00  12:31:25 00062263482TRLO0 LSE
64 361.00  12:31:25 00062263481TRLO0 LSE
292 361.00  12:31:25 00062263480TRLO0 LSE
11 361.00  12:31:26 00062263484TRLO0 LSE
744 361.50  12:57:15 00062264361TRLO0 LSE
19 361.50  12:57:15 00062264360TRLO0 LSE
19 361.50  12:57:15 00062264359TRLO0 LSE
134 361.50  12:57:45 00062264365TRLO0 LSE
2 361.50  12:57:45 00062264364TRLO0 LSE
21 362.00  12:59:53 00062264400TRLO0 LSE
468 362.00  13:01:53 00062264435TRLO0 LSE
306 362.00  13:01:53 00062264434TRLO0 LSE
134 362.00  13:01:53 00062264433TRLO0 LSE
261 362.00  13:01:53 00062264432TRLO0 LSE
1772 363.50  13:19:18 00062265027TRLO0 LSE
601 363.50  13:19:18 00062265026TRLO0 LSE
374 363.00  13:21:02 00062265084TRLO0 LSE
250 363.00  13:21:02 00062265083TRLO0 LSE
375 363.00  13:21:02 00062265082TRLO0 LSE
250 363.00  13:21:02 00062265081TRLO0 LSE
250 363.00  13:21:02 00062265080TRLO0 LSE
125 363.00  13:21:02 00062265079TRLO0 LSE
601 363.00  13:21:02 00062265078TRLO0 LSE
1779 362.50  13:21:02 00062265086TRLO0 LSE
505 362.50  13:21:02 00062265085TRLO0 LSE
1878 363.00  14:03:15 00062266440TRLO0 LSE
209 363.00  14:03:15 00062266439TRLO0 LSE
297 363.00  14:03:15 00062266438TRLO0 LSE
419 363.00  14:04:14 00062266478TRLO0 LSE
59 363.00  14:04:14 00062266480TRLO0 LSE
65 363.00  14:04:14 00062266479TRLO0 LSE
625 363.50  14:25:57 00062267336TRLO0 LSE
180 363.50  14:25:57 00062267335TRLO0 LSE
196 363.50  14:29:50 00062267502TRLO0 LSE
2002 363.50  14:29:50 00062267505TRLO0 LSE
465 363.50  14:29:50 00062267504TRLO0 LSE
654 363.50  14:29:50 00062267503TRLO0 LSE
2631 363.50  14:29:50 00062267506TRLO0 LSE
12 363.50  14:47:40 00062268510TRLO0 LSE
449 363.50  14:49:12 00062268675TRLO0 LSE
174 363.50  14:49:12 00062268676TRLO0 LSE
198 364.00  14:52:46 00062268964TRLO0 LSE
413 364.00  14:53:42 00062268996TRLO0 LSE
287 364.00  14:53:42 00062269000TRLO0 LSE
182 364.00  14:53:42 00062268999TRLO0 LSE
180 364.00  14:53:42 00062268998TRLO0 LSE
172 364.00  14:53:45 00062269004TRLO0 LSE
224 364.00  14:53:45 00062269009TRLO0 LSE
174 364.00  14:53:45 00062269008TRLO0 LSE
182 364.00  14:53:45 00062269007TRLO0 LSE
264 364.00  14:53:45 00062269006TRLO0 LSE
364 364.00  14:53:45 00062269010TRLO0 LSE
183 364.00  14:53:45 00062269013TRLO0 LSE
264 364.00  14:53:45 00062269012TRLO0 LSE
81 364.00  14:53:46 00062269015TRLO0 LSE
177 364.00  14:53:46 00062269018TRLO0 LSE
264 364.00  14:53:46 00062269017TRLO0 LSE
2384 363.50  14:56:17 00062269143TRLO0 LSE
71 363.50  15:04:17 00062269511TRLO0 LSE
253 363.50  15:04:17 00062269510TRLO0 LSE
1937 363.50  15:04:17 00062269509TRLO0 LSE
291 364.50  15:15:46 00062270011TRLO0 LSE
292 364.50  15:15:46 00062270010TRLO0 LSE
465 364.50  15:17:00 00062270077TRLO0 LSE
347 364.50  15:17:06 00062270091TRLO0 LSE
181 364.50  15:17:06 00062270090TRLO0 LSE
279 364.50  15:17:06 00062270089TRLO0 LSE
173 364.50  15:17:06 00062270088TRLO0 LSE
292 364.50  15:17:06 00062270087TRLO0 LSE
1626 363.50  15:17:30 00062270119TRLO0 LSE
495 363.50  15:17:30 00062270120TRLO0 LSE
66 363.00  15:22:03 00062270406TRLO0 LSE
500 363.00  15:22:03 00062270405TRLO0 LSE
1000 363.00  15:22:03 00062270404TRLO0 LSE
500 363.00  15:22:03 00062270403TRLO0 LSE
282 363.00  15:22:03 00062270402TRLO0 LSE
2020 363.00  15:34:51 00062271045TRLO0 LSE
2178 363.00  15:48:53 00062271808TRLO0 LSE
588 363.00  15:48:53 00062271807TRLO0 LSE
1631 363.00  15:48:53 00062271806TRLO0 LSE
381 362.50  15:49:54 00062271867TRLO0 LSE
2219 362.00  16:00:46 00062272450TRLO0 LSE
2026 362.00  16:00:46 00062272449TRLO0 LSE
416 361.50  16:07:10 00062272748TRLO0 LSE
2000 361.50  16:07:10 00062272747TRLO0 LSE
756 361.00  16:13:11 00062272988TRLO0 LSE

Notes

This announcement is made in accordance with the requirements of Listing Rule 12.4.6.

For further information contact:

Buchanan 

David Rydell/Jamie Hooper/Hannah Ratcliff    +44 (0) 207 466 5000

Notes to Editors:

Redde Northgate is the leading integrated mobility solutions platform providing services across the vehicle lifecycle. The Company offers integrated mobility solutions to businesses, fleet operators, insurers, OEMs and other customers across seven key areas: vehicle rental, vehicle data, accident management, vehicle repairs, fleet management, service and maintenance, vehicle ancillary services and vehicle sales.

The Company’s core purpose is to keep its customers mobile, whether through meeting their regular mobility needs or by servicing and supporting them when unforeseen events occur. With its considerable scale and reach, Redde Northgate’s mission is to offer a market-leading customer proposition and drive enhanced returns for shareholders by creating value through sustainable compounding growth.  The Group aims to achieve this through the delivery of its strategic framework of Focus, Drive and Broaden.

Redde Northgate services its customers through a network and diversified fleet of over 120,000 owned and leased vehicles, supporting over 600,000 managed vehicles, with more than 170 workshop, body shop and rental locations across the UK, Ireland and Spain and a specialist team of over 6,000 automotive services professionals.

Further information please visit the Company's website:

www.reddenorthgate.com

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